Oxford Square Capital (NASDAQ:OXSQ) Stock Price Up 2.2% - What's Next?

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report)'s stock price traded up 2.2% during trading on Monday . The stock traded as high as $2.33 and last traded at $2.33. 784,264 shares changed hands during trading, an increase of 64% from the average session volume of 478,905 shares. The stock had previously closed at $2.28.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Oxford Square Capital from a "hold" rating to a "sell" rating in a research note on Sunday, May 4th.

Oxford Square Capital Stock Down 0.2%

The business has a 50-day moving average price of $2.31 and a 200-day moving average price of $2.52. The firm has a market capitalization of $176.77 million, a PE ratio of 232.50 and a beta of 0.65.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. The business had revenue of $10.16 million during the quarter, compared to analyst estimates of $9.90 million. Oxford Square Capital had a positive return on equity of 16.74% and a negative net margin of 1.12%. During the same period in the prior year, the business earned $0.11 earnings per share.

Oxford Square Capital Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Friday, July 18th will be given a $0.035 dividend. The ex-dividend date of this dividend is Thursday, July 17th. This represents a dividend yield of 18.03%. Oxford Square Capital's dividend payout ratio (DPR) is presently 4,200.00%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OXSQ. Two Sigma Advisers LP grew its position in Oxford Square Capital by 10.8% in the fourth quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company's stock worth $3,452,000 after acquiring an additional 137,400 shares during the period. Jane Street Group LLC purchased a new position in Oxford Square Capital in the fourth quarter worth approximately $199,000. Oxford Asset Management LLP purchased a new position in Oxford Square Capital in the fourth quarter worth approximately $147,000. Ethos Financial Group LLC purchased a new position in Oxford Square Capital in the first quarter worth approximately $123,000. Finally, LPL Financial LLC grew its position in Oxford Square Capital by 74.3% in the fourth quarter. LPL Financial LLC now owns 107,096 shares of the company's stock worth $261,000 after acquiring an additional 45,662 shares during the period. 6.44% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Square Capital Company Profile

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.